INCOME STATEMENT (Figures in $ millions) Net sales $ 882.00 Cost of goods sold 742.00 Depreciation 32.00 Earnings before interest and taxes (EBIT) $ 108.00 Interest expense 13.00 Income before tax $ 95.00 Taxes 19.95 Net income $ 75_@5 BALANCE SHEET (Figures in $ millions) End of Start of Year Year Assets Current assets $ 370 $ 314 Longterm assets 260 223 Total assets $ 630 $ 537 Liabilities and shareholders' equity Current liabilities $ 195 $ 158 Longterm debt 109 122 Shareholders' equity 326 257 Total liabilities and shareholders' equity $ 530 $ 537 The company's cost of capital is 8.5%. Requhed: a. Calculate Watervan's economic value added (EVA). Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places. b. What is the company's return on capital? (Use start-ofyear rather than average capital.) Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. c. What is its return on equity? (Use start-ofyear rather than average equity.) Note: Enter your answer as a percent rounded to 2 decimal places